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Hey Folks, I'm taking my national and state salesperson exam early tomorrow morning. One thing I can't seem to remember and consistently get wrong on practice tests is the difference between Truth In Lending, RESPA...
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Is diversyfund a good website ?
We have an applicant who is retired AND in the midst of a divorce. We seek advice in how to qualify since the divorce settlement is incomplete. Much of the assets including their current home are in both their names. ...
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Buying SFR FSBO. Below is text from a form from the title company (large, national) that states I will pay title insurance for lender coverage, but title insurance for owner is an option, and not necessarily the same ...
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Hello Folks, was curious to see what the tax consequences are if you have an investment property foreclosed.
Are you taxed the following year on the full amount of the debt? Are you taxed on the differential between...
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I was under the impression that the "freeze" by numerous large banks would affect preforeclosures, delaying them from going to auction until the paperwork is re-checked. But then I heard on news radio that would-be ow...
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Has anyone else run across this?
For the second time in the past month, I have run across an additional term on the contract for a Fannie Mae property that makes the buyer pay title.
This one states: "Fannie Mae buy...
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I'll make this as brief as possible. I purchased a waterfront investment lot for $300,000 in 2006. It was part of a 1031 exchange. It is now worth $90,000. There are plenty of comps and the bank's appraisal was $90...
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Hello Bigger Pockets, this is my first post, and debating whether to hold or sell my office condo suite that I bought back in 2011 after my landlord filed bankruptcy and was left rent free for almost a year until I wa...
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I was talking to a friend of mine and he mentioned that he is refinancing his deals just before he sells them to elevate his cost basis. For example actual money spent/cost basis $100,000 apprais...